Movers of the Day 29-Aug-2023
Tokens and coins that moved the most in the last 24 hours:
Top movers of the day are Bitcoin Cash and Horizen. Since 7 pm Bitcoin Cash has increased by 3.90%, Horizen is 2.25% higher.
The crypto markets finished the day in green as illustrated by an adjacent chart showing the movement of the NWSBCT Index (Blue Chips) over the past 24 hours. 2100NEWS Indices ended between +2.04% and +6.07%. 2100NEWS Total Index (NWST1100) ended +5.55%. Ether ended +5.22%, Bitcoin ended +6.44%.
Please read the notes to find out by what criteria they have been selected. The market information provided only reflects the state of the market up to midnight in the last 24 hours. Therefore, it may not accurately represent the current market conditions at the time of your inquiry.
Bitcoin Cash (BCH)
| 2100NEWS ranking: 16, Blue chip, Index member: NWST1100, NWSL100, NWS30, NWSCo100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 21.7 (Average for Blue chips: 23.7) |
Bitcoin Cash is a peer-to-peer electronic cash system that aims to become sound global money with fast payments, micro fees, privacy and larger block size. As a permissionless, decentralized cryptocurrency, Bitcoin Cash requires no trusted third parties. Bitcoin Cash was created as an alternative to the first and most valuable cryptocurrency — Bitcoin (BTC). In 2017, BCH developers modified the BTC code, releasing their software version and a full-fledged competitive product, which split Bitcoin into two blockchains: Bitcoin and Bitcoin Cash. Bitcoin Cash is a result of a hard fork in the blockchain due to differences in the community over Bitcoin scaling and the SegWit upgrade. Moreover, another hard fork, which divided Bitcoin Cash into two parts, Bitcoin ABC and Bitcoin SV, took place in the fall of 2018.
Top movers of the day at 19:10 are Horizen and Stacks which has surged 17.26% since 2 pm. Horizen is 15.15% higher. TomoChain has increased by 10.50%. Led by Bitcoin (+7.50% as of 2 pm) the crypto markets went up strongly in the afternoon. Since 2 pm the large caps measured by 2100NEWS 100 Large Cap Index (NWSL100) have increased by 5.52%. Our main 2100NEWS Total Index (NWST1100) is 6.37% higher. Ether has increased by 5.48%.
Stacks (STX)
| 2100NEWS ranking: 55, Large-cap, Index member: NWST1100, NWSL100, NWSCo100, NWSDM100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.4 (Average for Large-caps: 18.3) |
Stacks 2.0 is a layer-1 blockchain that connects to Bitcoin and brings smart contracts and decentralized apps to it. Smart contracts and apps developed on the Stacks platform are natively integrated with Bitcoin’s security, stability, and economic power.
The day’s top movers (at 2 p.m.) are Akropolis and Syscoin, rising 2.36% since 9 a.m.
Over the past 24 hours, the cryptocurrency market has fallen. Here’s a breakdown of the key points: The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has fallen. Additionally, the 2100NEWS Indices, which track the performance of various groups of tokens and coins, have reported losses ranging from 0.11 to 1.47% since midnight, providing insights into how different segments of the cryptocurrency market are performing. The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has a minor decrease of 0.05% over the last 24 hours. Ether (ETH) has slightly increased by 0.21%, while Bitcoin (BTC) has experienced a minor decrease of 0.01% during the same 24-hour period.
Syscoin (SYS)
| 2100NEWS ranking: 209, Mid-cap, Index member: NWST1100, NWSM200, NWSCo100 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Poor, Score: 13.2 (Average for Coins: 15.5) |
As well as a cryptocurrency, Syscoin is meant to be a global network, a distributed ledger, a decentralized database, and a blockchain. Aiming to help developers create and implement decentralized applications and enable the development of custom decentralized marketplaces, Syscoin aims to cut out the middlemen of online retail.
The day’s top movers (at 9 a.m.) were Syscoin and Akropolis, rising 13.15% since midnight. Over the past 24 hours, the cryptocurrency market has trended sideways. Here’s a breakdown of the key points:
- The NWSBCT Index for Blue Chips, representing prominent cryptocurrencies, often called Blue Chips in the crypto space, has trended sideways.
- The 2100NEWS Total Index (NWST1100), reflecting the overall market sentiment by tracking the performance of 1100 significant cryptocurrencies based on their market capitalization, has increased by 0.28% over the last 24 hours. This index offers a comprehensive overview of the collective movement within the cryptocurrency market.
- Ether (ETH) has modestly increased by 0.25% and Bitcoin (BTC) by 0.29% during the same 24-hour period.
Akropolis (AKRO)
| 2100NEWS ranking: 393, Small cap Ethereum-based Token, Index member: NWST1100, NWSS300 |
| 2100NEWS DA Orderbook Quality Evaluation Grade: Good, Score: 13.7 (Average for Small caps: 9.9) |
Akropolis is a domain-specific financial protocol dedicated to the needs of the informal economy. It is designed to: (1) enable anybody, regardless of geography, to quickly set up, operate, and grow informal autonomous financial organizations (AFOs), e.g., digital co-ops, guilds, mutuals; (2) enable a previously impossible interoperable scalable network between them and external third parties, whereby value can be exchanged freely in a trust-minimized way (e.g. co-invest, lend/borrow, trade); (3) reduce instances of fraud and misuse of funds.
Lily
Litecoin